Search This Blog

Tuesday, June 4, 2013

SAP Annual General Meeting of Shareholders approves dividend of €0.85 per share

SAP News Release:


SAP Annual General Meeting of Shareholders approves dividend of €0.85 per share

WALLDORF, Germany - The vast majority of the Annual General Meeting of Shareholders of SAP AG (NYSE: SAP) today has agreed to all resolution items of the meeting’s agenda.
In addition to the regular dividend of €0.75 per share, SAP had in 2012 paid a special dividend of €0.35 per share to celebrate SAP’s 40th anniversary. (The total amount distributed in dividends for 2011 was around €1.3 billion, which corresponds to a dividend payout ratio of 26% excluding the special dividend and 38% including the special dividend). For 2012, the dividend payout of €0.85 per share represents an increase of €0.10 or 13% compared to last year’s regular dividend of €0.75.
The shareholders have formally approved the acts of the Executive Board and the Supervisory Board in fiscal year 2012, and have authorized the Executive Board to buy back shares as in the past. Thus, SAP can buy back up to 120 million shares until 2018.
For more information, press only: 
Christoph Liedtke +49 (6227) 7-50383 christoph.liedtke@sap.com, CET
Daniel Reinhardt +49 (6227) 7-40201 daniel.reinhardt@sap.com, CET
Jim Dever +1 (610) 661-2161 james.dever@sap.com, ET
For more information, financial community only: 
Stefan Gruber +49 (6227) 7-44872 investor@sap.com, CET About SAP
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 238,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
# # #

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.